Economy in Oakes, North Dakota
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Economy
| Unemployment Rate | 3.70% | 9.10% |
| Recent Job Growth | 0.86% | -0.12% |
| Future Job Growth | 38.02% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 5.54% | 6.25% |
| Income per Cap. | $24,030 | $27,067 |
| Household Income | $42,409 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.67% | 12.10% |
| Income between 15K and 25K | 13.79% | 10.18% |
| Income between 25K and 35K | 13.79% | 10.56% |
| Income between 35K and 50K | 19.22% | 14.98% |
| Income between 50K and 75K | 18.11% | 19.53% |
| Income between 75K and 100K | 12.12% | 12.52% |
| Income between 100K and 150K | 5.85% | 12.14% |
| Income between 150K and 250K | 2.51% | 3.91% |
| Income between 250K and 500K | 1.39% | 3.34% |
| Income greater than 500K | 0.56% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 16.95% | 13.81% |
| Professional and Related Occupations | 14.69% | 22.68% |
| Service | 9.38% | 14.51% |
| Sales and Office | 21.24% | 25.22% |
| Farming, Fishing, and Forestry | 4.29% | 0.68% |
| Construction, Extraction, and Maintenance | 10.85% | 9.37% |
| Production, Transportation, and Material Moving | 21.81% | 15.86% |
The unemployment rate in Oakes, ND, is 3.70%, with job growth of 0.86%. Future job growth over the next ten years is predicted to be 38.02%.
Oakes, ND Taxes
Oakes, ND,sales tax rate is 6.50%. Income tax is 5.54%.
Oakes, ND Income and Salaries
The income per capita is $24,030, which includes all adults and children. The median household income is $42,409.
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